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8702 Willis Ave, Panorama City, CA, 91402

$499,950

Home List Price

$5,937*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,100 SqFt
$455/SqFt
Townhouse

Location

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8702 Willis Ave, Los Angeles$499,950

Buyer Closing Credits

$5,937*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDoor-Single, Garage, Garage Faces Rear
Garage2 spaces
Year Built1978
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewNone
MLS #SR24237018
Lot Size4.09 Acres
StatusActive

About 8702 Willis Ave

Welcome to this two-story townhome offering both comfort and convenience. The spacious living room features crown molding and flows seamlessly into the dining area. The open kitchen includes a cozy breakfast nook, perfect for casual dining, and a convenient powder room for guests. Upstairs, you'll find a generously sized primary bedroom with a vanity area, as well as a full bathroom shared with the second bedroom. What truly sets this townhome apart is the expansive 460 sq ft private patio, accessed directly from the kitchen, which provides the perfect space for outdoor relaxation and entertaining. The patio leads to a two-car garage, complete with a laundry area. Enjoy the full amenities of the community, including a sparkling pool, spa, kids' pool, and a picnic area. The unit entrance has direct access from Willis Avenue and is ideally located with easy access to public transportation, dining options, Panorama Mall, and The Plant, making this an exceptional opportunity in a prime location!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1978
  • Stories: 2
  • Living Area: 1,100 SqFt

Listing Office:

  • Office Name: RE/MAX Plaza Realty
  • Office Phone: (818) 203-7043
  • Listing Agent: Kevin Grant

Interior Features

Interior Information:

  • Appliances: Gas Oven
  • Flooring Type: Laminate, Tile
  • Interior: Eat-in Kitchen, Granite Counters, All Bedrooms Up, Jack and Jill Bath
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Door-Single, Garage, Garage Faces Rear

Lot Features

Lot Information:

  • Lot Size: 4.09 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: North of Parthenia, West of Van Nuys Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,950
  • Price Per SqFt: $455/SqFt

HOA Fees:

  • Amount: $530
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,092
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

8702 Willis Ave vs Los Angeles

32 DAYS ON ROCKET

-6 Days

$499,950

-$521.5K Less

$455/SqFt

-$185 Less

KEY TAKEAWAY

This property is $521.5K less than the Median Sold Price and $185/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24237018

Listing Office:

  • Office Name: RE/MAX Plaza Realty
  • Office Phone: (818) 203-7043
  • Listing Agent: Kevin Grant

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 5:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 13, 2019Home Sold
$320,000
Sep 15, 2016Home Sold
$250,000
Jun 01, 2016Home Sold
$170,000
Dec 26, 1997Home Sold
$54,000
Jul 10, 1992Home Sold
$108,500

Tax History

YEARPROP. TAXASSESSMENT
2021$4,092$329,781
2020$716$326,400
2019$3,193$260,099
2018$3,122$255,000
2017$3,122$250,000

History based on county public records data.

Payment Calculator

$3,093

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1042036
4
/10
  • Panorama City Elementary School

  • 8600 Kester Ave

  • 0.21 miles

  • Public District Grades PK-5

school-card-donut-1042037
7
/10
  • Alta California Elementary School

  • 14859 Rayen St

  • 0.26 miles

  • Public District Grades KG-5

school-card-donut-1042038
5
/10
  • Rosa Parks Learning Center

  • 8855 Noble Ave

  • 0.42 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,886. Residents of Los Angeles, CA typically earn between $35k-100k each year. Most families are married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8702 Willis Ave

What is the listing price of this property?

The listing price of 8702 Willis Ave property is $499,950.

What type of property is this?

The property 8702 Willis Ave is a townhouse located in Panorama City, California, 91402.

Is this property for sale now?

Active Listing: 8702 Willis Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,092 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 13, 2019 for $320,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8702 Willis Ave has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 8702 Willis Ave is 1,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8702 Willis Ave is 1978.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles914028702 Willis Ave

This home is located at 8702 Willis Ave in Panorama City, CA and zip code 91402 in the The San Fernando Valley neighborhood. This 1,100 square foot home, which was built in 1978, sits on a 4.09 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $499,950.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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